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8 Apr 2014 12:18

UK MIDDAY BRIEFING: Sports Direct Plunges As Ashley Sells Small Stake

LONDON (Alliance News) - Sports Direct International founder and deputy Chairman Mike Ashley has sold a 4% stake in the firm, causing a sharp fall in its share price, just days after the sports goods retailer's shareholders again rejected a proposal to pay him a bonus.
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8 Apr 2014 11:22

UK WINNERS & LOSERS: Gold Miners Among The Biggest FTSE Risers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS Fresnillo, up 1.1%, and Randgold Resources, up 0.8%. The mining companies are benefiting from a sharp rise in the price of g

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8 Apr 2014 09:18

Tuesday broker round-up UPDATE

API Group: Numis lowers target price from 90p to 84p, while upgrading from add to buy. Cranswick: Investec increases target price from 1315p to 1390p retaining its buy recommendation. Daisy Group: FinnCap moves target price from 175p to 185p and retains a hold recommendation. DP World: Nomura rai

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8 Apr 2014 09:08

Sterling Energy Says Bamboo-1 Fails To Find Commercial Gas And Oil

LONDON (Alliance News) - Sterling Energy PLC Tuesday said its Bamboo-1 well at the Ntem Concession, offshore Cameroon, reached total depth and failed to find commercial levels of oil and gas. The oil and gas exploration and production company said the Bamboo-1 well, the first to be drilled

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8 Apr 2014 08:26

Sterling Energy drops after well failure on Ntem concession

Sterling Energy, an AIM-listed exploration company, sparked a swift decline in its share price on Tuesday after announcing the Ntem concession, offshore Cameroon would be plugged and abandoned after it failed to find commercial hydrocarbons. Data from Bamboo-1, which was the first exploration well

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17 Mar 2014 13:41

Sterling Energy Profit Rises 33% On Lower Costs, Impairment Reversal

LONDON (Alliance News) - Sterling Energy PLC said Monday its pretax profit increased in its full year 2013 despite a fall in revenues, as costs were reduced and the company received a one-off USD4.4 million payment. The oil and gas exploration and production company said its pretax profit i

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10 Feb 2014 16:43

STOCKS NEWS EUROPE-UK's AIM index outpaces blue-chips

The junior-listed FTSE AIM All Share Index closes up 0.4 percent to outperform a 0.3 percent gain on the blue-chip FTSE 100 index. The FTSE Small Cap Index rises 0.2 percent, while the FTSE 250 mid-cap index advances by 0.3 percent. Sterling Energy closes up 2.5 percent after it says

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10 Feb 2014 10:55

Sterling Energy Starts Drilling Operations At Bamboo-1 Well

LONDON (Alliance News) - Sterling Energy PLC Monday said drilling operations have started at it Bamboo-1 well at the Ntem Concession, offshore Cameroon. The oil and gas exploration and production company said the well, which is to be drilled by the sites operator Murphy Cameroon Ntem Oil Co

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27 Jan 2014 11:30

Sterling Energy Gains Additional Interest In Odewayne Block

LONDON (Alliance News) - Sterling Energy PLC said Monday that it had obtained an additional 15% interest in the Odewayne Block after it completed a farmout agreement for the production sharing contract on the block, located onshore Republic of Somaliland, with Jack Resources Somaliland Ltd. Read more

23 Jan 2014 16:55

STOCKS NEWS EUROPE-UK small caps close down 0.8 pct

The FTSE small cap index falls 0.8 percent, in line with the blue chips and outperforming junior-listed AIM shares, down 1.3 percent, and the mid-caps, down 1 percent. AIM-listed Sterling Energy jumps 16.6 percent after the oil and gas exploration and production company says it has agreed w

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23 Jan 2014 13:48

UK MIDDAY BRIEFING: Pearson Plunges After Profit Warning

LONDON (Alliance News) - Publisher Pearson is the biggest faller on the FTSE 100 Thursday after it issued a profit warning, saying trading had been weaker than it expected, particularly in North America, its main market. The Financial Times owner and publisher of education books said it had

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23 Jan 2014 12:00

UK WINNERS & LOSERS: Pearson, EasyJet Lead Blue-Chip Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS London Stock Exchange, up 1.1%. The company said its third-quarter revenue increased by 52% year-on-year, buoyed by recentl

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23 Jan 2014 10:19

Sterling Energy Secures Reopening Of Ntem Concession In Cameroon

LONDON (Alliance News) - Sterling Energy PLC Thursday said the force majeure forcing operations at the Ntem Concession, offshore Cameroon, to be held off since 2005 has now been lifted. The oil and gas exploration and production company said following discussions between the joint venture p

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14 Nov 2013 16:41

Sterling Starts 2D Programme At Ampasindava Block, Offshore Madagascar

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8 Nov 2013 12:59

STOCKS NEWS EUROPE-UK small caps drop, Talvivaara extends falls

The FTSE Small Cap index drops 0.5 percent, outperforming junior-listed AIM shares and mid-caps , both off 0.6 percent. Loss-making Finnish nickel miner Talvivaara falls 13.5 percent, extending falls from the previous session when it said it was in advanced rescue talks with the government

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